5 yr: Registration: Reg S Only; Comments: EUR350m (from exp EUR300m+) sub-benchmark 5yr. Follows rshow. Baa2 (neg). BNPP/IMI(B&D). IPTs MS+130/+135 (BTP+60/+65), guidance MS+120 (+/-5) on bks >900tbp / >100 acs, launched 350m at +112. Books closed >850m. OBL175 +162.6 @100.98/100%HR. FTT Thurs 0800LON;